China Tiesiju Civil Engineering Group awarded $54.4 million Contract from DarGlobal
16 October 2024
DarGlobal, the international luxury real estate developer, announced in a statement that it has appointed of China Tiesiju Civil Engineering Group Co. Ltd as the main works contractor for the complete construction operations of its debut bespoke luxury residence DG1, located on the Dubai Canal in the heart of Business Bay.
The AED 200 million contract covers the construction of the 20-storey tower comprising 221 units, including 1, 2, and 3-bedroom apartments.
With vast experience in executing complex projects globally, the Dubai branch of China Tiesiju Civil Engineering Group Co. Ltd brings a proven track record of delivering large-scale developments on time and with impeccable quality, reinforcing DarGlobal’s commitment to setting new benchmarks in Dubai’s luxury real estate market.
The appointment of China Tiesiju Civil Engineering Group Co. Ltd as the main works contractor follows on from the shoring, excavation, and piling works contract awarded to Stromek Emirates Foundations in November last year. The DG1 project is scheduled for completion in 2026.
Ziad El Chaar, CEO of Dar Global, said: “We are excited to welcome China Tiesiju, a company with a stellar reputation for executing projects on time and to the highest quality, as a strategic partner to deliver on our vision of luxury living in Dubai. DG1 sets new benchmarks in Dubai’s rapidly expanding luxury real estate sector with its architectural brilliance, sophisticated elegance, and meticulously crafted finishes. China Tiesiju’s experience and expertise will bring added value to our signature brand and further enrich the unparalleled living experience that DG1 envisions for our discerning clientele.”
A new landmark on the Dubai skyline, DG1 crafts a vibrant lifestyle with an exclusive collection of luxurious residences boasting a distinguished design and high-quality finishes. Offering unparalleled views of the Dubai Canal and Burj Khalifa, this new address redefines luxury living with signature amenities catering to diverse living preferences. Residents can enjoy a plethora of amenities including a state-of-the-art fitness facility, yoga studio, multi-purpose room, a swimming pool, barbecue area, and kids’ play area.
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